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Watches of Switzerland Slashes Guidance On Weakening Luxury Demand

By Michael Susin Watches of Switzerland cut its guidance for fiscal 2024, following a volatile Christmas performance, as it expects volatility in luxury. ....

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Richemont shares surge following boom in Cartier owner's sales to China

The Swiss firm reported an 8% uptick in revenues driven by surging sales in China and Japan ....

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Watches of Switzerland's shares fall by nearly a third after 'volatile' Christmas

Shares in Watches of Switzerland plunged by nearly a third on Thursday, after the luxury watch seller warned that sales would be lower than expected after. ....

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Consumer Cos Up After Economic Data -- Consumer Roundup

Consumer companies rose, as strong economic data offset fears about the potential for rising interest rates. In recent days, central bank officials have. ....

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Luxury Watches and Fine Jewelry Poised for Growth, WSJ Survey Finds

The publication’s readers are considering timepieces valued at more than US$20,000 and jewels worth nearly US$16,000 ....

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